Question: 8. The random variable kL is the net future loss at time ko for a fully discrete three-year endowment insurance of 3 on (x). You

8. The random variable kL is the net future loss at time ko for a fully discrete three-year endowment insurance of 3 on (x). You are given: i = 0.10 4x = 0.009, qx+1 = 0.011 The annual premium is 0.834 Calculate Var (L). 8. The random variable kL is the net future loss at time ko for a fully discrete three-year endowment insurance of 3 on (x). You are given: i = 0.10 4x = 0.009, qx+1 = 0.011 The annual premium is 0.834 Calculate Var (L)

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